Nzdusdsetup
NZDUSDNZDUSD is Currently in a Down Trend and Playing Inside Trend lines (Falling wedge) . The Point where Price is right now is not Good to Short the market as every Trader Must be Shorting it out here So Look For Opportunities to Sell the Market from Upwards Correction , which would be a Preparation to Go More Down !
NZD/USD Short Entry UpdateHey Guys!
The current Daily Bias is short. Or in other words, price is likely to reach 0.6592 before reaching 0.6732.
As you guys know I took a short entry on last Friday at 0.6722 with a stop loss at 0.6732. with the main target at 0.6592.
Today I took a 2nd short entry at 0.6715 with the same risk parameters as the initial short entry.
But remember! Due this daily short bias being a little shaky, I may take targets early at the first sign of impeding short term long strength.
Again, this Daily short bias does seem a little shaky. Thus, any short term long strength forming will signal an abort for me.
I'll keep you guys updated!
That's it!
Have a great day!
Ken
Disclaimer: This is not Personal Financial Advice.
NZD/USD 4HR SELL SET UPHi TRADERS this is my trade set up for the NZD/USD
NZD/USD Is coming in to a area of interest, we have a nice rejection zone, possible head and shoulders forming looking for sell only
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
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